SUI price breakout? Technical pattern signals move toward $4.25

SUI price gains as token continues upside with monthly gains of over 85% The altcoin is rising as the overall crypto market bounces amid gains for Bitcoin. Crypto analyst Captain Faibik shared a SUI price prediction suggesting a surge to $4.25. Sui price is up 12% in the past week, with the altcoin rising as […] The post SUI price breakout? Technical pattern signals move toward $4.25 appeared first on CoinJournal.

May 8, 2025 - 15:17

SUI price breakout? Technical pattern signals move toward $4.25

SUI price gains as token continues upside with monthly gains of over 85%
The altcoin is rising as the overall crypto market bounces amid gains for Bitcoin.
Crypto analyst Captain Faibik shared a SUI price prediction suggesting a surge to $4.25.

Sui price is up 12% in the past week, with the altcoin rising as Bitcoin spikes to near $100k.

With equities also on the up after US President Donald Trump announced a trade deal with the United Kingdom, BTC looks poised for further gains.

A leg up for the altcoin market amid this scenario could tie into Sui’s latest pump.

One crypto analyst forecasts Sui price could rally to above $4 with a key technical pattern breakout.

Gains see Sui ecosystem tokens rise

The Sui ecosystem tokens have seen their total market capitalization jump by more than 6% in the past 24 hours to above $29 billion.

While most of this is in the SUI network’s native token at $12 billion, a lot of the top ecosystem tokens are registering notable gains.

Bonk (BONK), Walrus (WAL), and DeepBook Protocol (DEEP) prices have increased 10%, 9%, and 12%, respectively, in the last 24 hours.

The three tokens’ market cap values stood at over $1.4 billion, $800 million, and $596 million, respectively.

Is Sui price set for a rally above $4?

The gains for Sui and the ecosystem tokens mirror broader market performance this week, with bulls looking to take control amid macroeconomic and regulatory catalysts.

In this respect, crypto analyst Captain Faibik has shared a bullish price prediction for SUI.

According to the analyst, who shared the outlook via X, the layer blockchain network’s native token could spike to $4.25.

He based his forecast on the technical chart for Sui, which shows a breakout from a channel pattern.

The analyst’s 4-hour chart shows the SUI/USD pair breaking above the upper trendline.

$SUI is getting Ready for another Bullish Impulse..